Research Article
The Shared Transportation Industry in China: Examining the Influence of Regional Environmental Factors on New Venture Formation
| Variables | (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) |
| (1) Firm | 1.000 | | | | | | | | | | | | | | | | | | | | (2) Density | 0.416 | 1.000 | | | | | | | | | | | | | | | | | | (3) GDP per capita | 0.092 | 0.107 | 1.000 | | | | | | | | | | | | | | | | (4) Labor | 0.028 | −0.238 | −0.052 | 1.000 | | | | | | | | | | | | | | (5) Air quality | 0.036 | 0.291 | 0.015 | −0.099 | 1.000 | | | | | | | | | | | | (6) Human capital | 0.275 | 0.261 | 0.095 | −0.007 | 0.028 | 1.000 | | | | | | | | | | (7) Venture capital | 0.151 | 0.257 | 0.129 | −0.135 | 0.124 | 0.289 | 1.000 | | | | | | | | (8) Policy bike sharing | 0.255 | 0.269 | 0.152 | −0.106 | 0.030 | 0.357 | 0.245 | 1.000 | | | | | | (9) Policy entrepreneurship | 0.382 | 0.375 | 0.085 | −0.068 | 0.196 | 0.594 | 0.308 | 0.253 | 1.000 | | | | (10) Auxiliary facilities | 0.741 | 0.528 | 0.117 | −0.066 | 0.030 | 0.557 | 0.301 | 0.360 | 0.548 | 1.000 | | (11) Competition facilities | 0.484 | 0.141 | 0.057 | 0.015 | −0.110 | 0.548 | 0.139 | 0.216 | 0.396 | 0.513 | 1.000 |
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